2700 S 16Th Street Philadelphia, PA $ 1,475,000
2700 S 16Th Street
$ 1,475,000
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2700 S 16Th Street

Philadelphia, PA, 19145
$ 1,475,000
Bedrooms-- Baths-- Sq 1,328

Monthly Estimate*

$ 9,082

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Commercial Property for sale in Philadelphia, PA

for $1,475,000. This 1,328 square foot building was built in 1920 on a lot size of 0.01.

A rare opportunity to acquire City Pizza, a turnkey legendary South Philadelphia business with decades of history and an exceptionally loyal customer base. Long time owner looks to retire but will work with buyer to ensure seamless transition so business continues to operate strongly as has been their decades long tradition. This offering includes both the original location at 16th and Oregon and the second location at Front and Snyder, each positioned in high-visibility corridors surrounded by dense residential neighborhoods. The flagship store at 16th and Oregon has long served as a community staple, drawing steady foot traffic and repeat customers from the Girard Estate, Marconi, Packer Park and Point Breeze areas, as well as visitors heading to and from Philadelphias sports complex. The second location at Front and Snyder extends the brands presence into the thriving Passyunk, LoMo, Pennsport and Whitman neighborhoods and benefits from proximity to major transit routes and I-95. This property also includes a fully leased residential unit above the pizzeria, creating additional income and increased investment value. Both locations are turn-key, well established, and anchored in communities where City Pizza has been part of the local fabric for generations. A truly exceptional opportunity to own and continue the legacy of one of South Philadelphias most recognizable and respected names in the pizza business. The total price for both locations is $2,950,000 which is $1,475,000 for 2700 S 16th Street and $1,475,000 for 100 Snyder Ave (MLS: PAPHQ565436)

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Commercial Active

Price

$ 1,475,000

Property Type

Commercial

Taxes

$ 3,356

Style

Restaurant/Bar,/General Retail

Lot Size

0.01

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2565426

Features
Interior
Heating Fuel Natural Gas
Flooring Ceramic Tile
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Roof Flat
Zoning CMX1
Construction Materials Masonry
Year Built 1920
Electric 200+ Amp Service Circuit Breakers
View City
Property Subtype Retail
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Gross Income 1039865.00
Business Type Restaurant/Bar Other/General Retail
Accessibility None
County PHILADELPHIA
Net Operating Income 269442.00
Operating Expense 770423.00
New Construction N
Property Type Commercial Sale
Subdivision Name MARCONI PARK WEST
Possible Use Food & Beverage Restaurant
Water Access Y/N N
Status ACTIVE
Directions GPS
City PHILADELPHIA
MLS Area 19145 (19145)
Lot Size Units Square Feet
Lot Size Square Feet 618.00
Tax Annual Amount 3356.0
Property Condition Excellent
Price Per Sq Ft Total AG 1092.59
Acceptable Financing Cash Conventional Private
Vacation Rental Y/N N
Location Type Urban
Standard Status Active
Year Built Source Assessor
Tax Lot 251
Cap Rate 15.90
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Exterior
Parking Features Public
Lot Features Corner
Water Source Public Hook-up Available
Inclusions All restaurant equipment and well established Book of Business
Type of Parking On Street
Water View Y/N N
Building Area Total 1350.00
Lot Dimensions 16.00 x 42.00
Lot Size Acres 0.01
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 47960.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2700
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* Excluded Features
List By
Century 21 Advantage Gold-South Philadelphia

Broker

dave.lombardo@c21ag.com

Email

Affordability Calculator

$9,361
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,082
Monthly Property Taxes
$280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$1,475,000 -13.24% Price Down
2/26/2026$1,700,000 Listed Price

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2700 S 16Th Street, Philadelphia, PA, 19145 is a Commercial Property for sale at $1,475,000 with 1,328 sqft and a lot size of 0.01. 2700 S 16Th Street was built in 1920. The property's zip code is 19145 which is in Philadelphia, PA